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Bread

UPDATE for $BRDBTC rounded bottom ideaSo this is an update on the linked idea for BREAD $BRD coin paired to $BTC. For this very small cap coin I'm expecting it to play out in months if not a few years (check up on original idea) and so I'm currently holding a big bag at my own risk. As we know, crypto can be very risky so I don't rule out that this idea can stretch out longer or even lose interest during a bearmarket, but I'm betting on bullish for the long term. So within the High Time Frame idea it would be interesting to point out this Eve & Adam double bottom pattern on a 3 day timeframe which suggests a confirmation line around 880 sats. for a 2x from where it's sitting at the time of this update and a 4x after measured move completes. Projecting a time period for this idea can be sketchy because of BTC influence but I think within a year or so I should get a 4x from todays price, target approximately 1400 sats.
BLong
by AponSOKS1978
6
It's Time. It's time for a correction before the real correction and GME will prepare for it. Not only will hedge funds get the full package flash crash but it will also include short sell margin call. Bullish on GME but need one more retest on the SMA which may happen within 7 daily candles. Notice how every bounce off SMA it proceeds to penetrate every barrier of resistance in the following week or next. $AMC (Ahyaya My Calls) failed to hold fort at $50, I wouldn't feel safe with GME camping a tent at $200. Target mid 180 zone into 160 and a quick bounce off previous low. S-Tier triangle breakout formed this way. Target $300+ but first stop $150. Tldr; Weakening momentum at $200 level = flush Current positions: GME 185p entered 9/14 EOD
NYSE:GMEShort
by sangsin
5
Rounded Bottom and Parabolic Curve Theory idea for $BRDBTCThis is a personal research and idea for investment. DYOR and TIT... This is Bread $BTC coin on a bi-weekly chart. Bare in mind this is a huge Rounded Bottom pattern that probably will develop exponentially growing price action as it starts to close. I'm calling it very early as consistent with Parabolic Curve Theory ( PCT ) and am very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action miss some of the PCT base targets marked here thus making it necessary to revisit this idea. As this is a very long term trade it is also uncertain how it will react to potential market trend reversal. In terms of research it will be very interesting to keep track over the span of the months and understand the balance between patterns and market momentum. TIME/PRICE PROJECTION Pattern start: Mid-Jan 2018 Estimated end: Q1 2024 (1000+ days from publishing) Price tag at time of publishing: 610 satoshi Expected price tag at end of pattern: 15,153 satoshi Sub-base 1 (.b1.1): 2,061 satoshi Base 1 price level: 3,687 satoshi Base 2 price level: 5,883 satoshi Base 3 price level: 7,645 satoshi Base 4 price level: 9,407 satoshi Take profit range: Recommended trailing take profit at 14,000 satoshi TECH INDICATORS Kumo cloud is apparently bottomed with both Senkou span A and B showing signs of consolidation. Further development in this direction will put Price action (PA) inside the Kumo cloud within half a year from now so confirming consolidation and/or initiation of reversal. Tenkan and Kijun sen (blue and yellow averages) are squeezing together preparing for a flip and T/K crossover. The last and only time this happened was in march of 2019. This might signal the kickoff for trend reversal. upsloped confirm bullish momentum. Chikou lagging span is below PA which is bearish. To strengthen the theory of an upcoming trend reversal Parabolic SAR is beneath PA at least 5 candles back, this is bullish. NEWS CATALYSTS AND BTC VOLATILITY No upcoming news catalysts. Seemingly unaffected by BTC dips. EXPECTATIONS I expect very slow ranging with probable impulses increasing as we near the curve to close the RB. I'm very intrigued by how this long term pattern will react to the market's bullrun ending. That being within the time period for this patterns' completion, makes it extremely hard to foresee if the pattern will remain unscathed by trend reversal. FINAL NOTE Drawing may need to be adjusted as it's very complicated to project time on a pattern this size.
BLong
by AponSOKS1978
2
Bread BRDBTC - HUGE! Falling wedge +1500% PROFIT- BRD is an oversold altcoin absolutely no one is talking about. - The price is currently breaking out of the falling wedge pattern on the weekly chart! - Impulse Elliott Wave 1-2-3-4-5 completed successfully. - My the most popular technical oscillator is RSI. This indicates us bullish breakout above the trendline. - Don't miss my upcoming updates and new ideas. - We have a record Volume in History on Binance exchange. - Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓ - Resistance ZONE between ~4950 to ~7700 satoshi - that should be your profit target. - If you want to see more of these ideas, hit "Like" & "Follow"! - If you need sweet honey in your portfolio, then you should definitely buy few coins!
BLong
by UnknownUnicorn2537518
15
BRDBTC – Bread – Coin of the week – Big up potentialThis week’s coin is Bread. We are in a bearish trend from the day it reached an all time high of 0,00021 BTC in January 2018. It made an all time low on January 8 2021 and it seems like it’s picking momentum to the upside on the 4h timeframe. We have some resistance at the rectangular area on the chart but if we break that zone we should expect a correction and then reverse the whole bearish trend. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
BLong
by financialflagship
6